Greenberg warns of unrealistic P/E ratios

The American billionaire, Maurice "Hank" Greenberg, gives his views on private equity, China and the price-to-earnings ratios in the A- and H-share markets.

Maurice ôHankö Greenberg took a stab at fresh-from-college earnings analysts, warned of unrealistic price-to-earnings ratios in China, and side-stepped any questions about AIG at the Hong Kong Venture Capital and Private Equity AssociationÆs 20th anniversary dinner at the Four Seasons hotel last night.

The 82-year-old American businessman and former chairman and CEO of American International Group, posed the question Why has private equity been growing

ôA lot of companies are fed up with having to file quarterly earnings because if...

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